Swap Collateral Cash Account definition

Swap Collateral Cash Account means the Euro denominated collateral account established in the name of the Guarantor with the Account Bank, IBAN IT 36 Q 03479 01600 000800951305, or such other substitute account as may be opened in accordance with the Cash Allocation, Management and Payments Agreement.
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Swap Collateral Cash Account means the account IBAN No. GB29 PARB 6095 8870 2266 71 and any collateral account with respect to each Swap Provider, opened, in name and on behalf of the Guarantor, with the Swap Collateral Account Bank on which each Swap Collateral in the form of cash is and/or will be posted in accordance with the relevant Swap Agreement and the English Account Bank Agreement.
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Swap Collateral Cash Account means an account opened in the name of the Current Issuer for the purpose of holding Swap Collateral in cash and maintained in accordance with the terms of the Current Issuer Cash Management Agreement;
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Examples of Swap Collateral Cash Account in a sentence

  • The Current Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to each Current Issuer Transaction Account and Swap Collateral Cash Account and that it furnishes a copy of such statements to the Current Issuer, with a copy to the Note Trustee upon its request.

  • The Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to each Issuer Transaction Account and the Swap Collateral Cash Account and that it furnishes a copy of such statements to the Master Issuer, with a copy to the Issuer Security Trustee upon its request.

  • Acting in its capacity as the Operating Bank through its branch at AIB International Centre, International Financial Services Centre, Dublin 1, Allied Irish Banks p.l.c. will act as operating bank pursuant to the Cash Management Agreement in relation to the Transaction Account, Swap Collateral Cash Account and Swap Collateral Custody Account (each as defined below).

  • For the avoidance of doubt, only sterling Cash may be deposited into the Swap Collateral Cash Account and no other currencies or securities will be held in the Swap Collateral Cash Account.

  • Both the Swap Collateral Cash Account and the Swap Collateral Custody Account shall be held with the Operating Bank.

  • The Issuer Account Bank acknowledges that the Deposit Account Mandate, the Swap Collateral Cash Account Mandate and any other mandates delivered from time to time pursuant to the terms of this Agreement shall, notwithstanding anything to the contrary therein, be subject to the terms of the Deed of Charge and this Agreement and in the event of any conflict between the Deposit Account Mandate or the Swap Collateral Cash Account Mandate and this Agreement, the terms of this Agreement shall prevail.

  • You, as Issuer Account Bank, shall not be deemed to be a trustee for the Security Trustee of the Deposit Account, the Swap Collateral Cash Account and any additional Issuer Account held by us with you.

  • We agree that you are not bound to enquire whether the right of the Security Trustee to withdraw any monies from the Deposit Account, the Swap Collateral Cash Account and any additional Issuer Account held with you has arisen or be concerned with (A) the propriety or regularity of the exercise of that right or (B) notice to the contrary or (C) to be responsible for the application of any monies received by the Security Trustee.

  • The Issuer Cash Manager shall take all reasonable steps to ensure that it receives a monthly bank statement in relation to the Issuer Transaction Account and Swap Collateral Cash Account and that it furnishes a copy of such statements to the Master Issuer, with a copy to the Issuer Security Trustee upon its request.

  • The Swap Collateral Cash Account and the Swap Collateral Custody Account Any cash amounts received by the Issuer pursuant to the Issuer Swap Agreement Credit Support Document will be paid into an interest bearing account in the name of the Issuer with the Operating Bank (the "Swap Collateral Cash Account") and securities received by the Issuer pursuant to the Issuer Swap Agreement Credit Support Document will be deposited into a custody account (the "Swap Collateral Custody Account").


More Definitions of Swap Collateral Cash Account

Swap Collateral Cash Account means an account opened in the name of the Current Issuer for the purpose of holding Swap Collateral in Cash and maintained in accordance with the terms of the Current Issuer Cash Management Agreement;
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Swap Collateral Cash Account means any collateral account with respect to each Swap Provider, which may be opened, in name and on behalf of the Guarantor, with the Swap Collateral Account Bank on which each Swap Collateral in the form of cash may be posted in accordance with the relevant Swap Agreement and the Cash, Allocation, Management and Payments Agreement.
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Swap Collateral Cash Account means the Euro denominated collateral account that may be opened in the name of the Guarantor with the Account Bank or such other substitute account as may be opened in accordance with the Cash, Management and Agency Agreement.
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Swap Collateral Cash Account means any Swap Collateral Account for the purpose of holding Swap Collateral in the form of cash;
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Related to Swap Collateral Cash Account

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Swap Collateral means, at any time, any asset (including, without limitation, cash and/or securities) which is paid or transferred by a Swap Provider to the Guarantor (and not transferred back to the Swap Provider) as credit support to support the performance by such Swap Provider of its obligations under the relevant Swap Agreement together with any income or distributions received in respect of such asset and any equivalent of such asset into which such asset is transformed; for greater certainty, Contingent Collateral shall at all times be excluded from Swap Collateral;

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Facility LC Collateral Account is defined in Section 2.20.11.

  • Excess Liquidation Proceeds Reserve Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.05(c) of this Agreement in trust for the Certificateholders, which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Benchmark 2019-B12 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2019-B12, Excess Liquidation Proceeds Reserve Account.” Any such account shall be an Eligible Account.

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • L/C Cash Collateral Account means an interest bearing cash collateral account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

  • Excess Liquidation Proceeds Account The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) for the benefit of the Certificateholders, which shall be entitled “Xxxxx Fargo Bank, National Association [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of Wilmington Trust, National Association [or name of any successor Trustee], as Trustee, for the benefit of the registered holders of WFRBS Commercial Mortgage Trust 2014-C22, Commercial Mortgage Pass-Through Certificates, Series 2014-C22, Excess Liquidation Proceeds Account”.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.

  • Available Reserve Account Amount means, with respect to any Distribution Date, the lesser of (a) the amount on deposit in the Reserve Account on such date (before giving effect to any deposit to be made to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Debt Service Reserve Account as defined in the Depositary Agreement.

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.